Deferred member

If you’ve left a pension scheme (or it’s closed), and you haven’t accessed your pension savings yet, then you’re a deferred member.

  • You could transfer your pension savings to another pension scheme (like The People’s Pension).
  • Or it might be possible for you to just wait, and to access your pension savings after you turn 55 (the government proposes to increase this to age 57 from 2028).